Last Year's Product Market: Forbes Predicts 5 Majors In Blockchain Industry In 2022

2022 is coming soon.

At the start of the year and at the start of the year we will still see a lot of market forecasts, in 2021 we will see 2020 the weather spread slowly fade away and the economy recover faster. Blockchain can be considered one of the most advanced technologies today, and the prospects for its future development are very broad. Blockchain technology is a cryptographic database distribution model, used for online trust and various security concerns.

As we all know, the application of blockchain technology is not limited to Bitcoin and cryptocurrencies, but to 'smart' digital contracts, logistics, ensuring secure chain traceability, anti-theft protection and waiting. access to the shared file. Do you think this is the end? In fact, there are many applications of blockchain. According to the analysis, market spending for blockchain solutions will reach $ 11.7 billion by 2022, "Forbes" reporter Bernard Marr predicts the growth of the blockchain industry from year to year.

2022 Kev twv twv 1: Emerging green blockchain initiatives

The operation of the blockchain uses more energy and increases carbon emissions. It's also why Tesla CEO Elon Musk decided to reject Bitcoin for electric car purchases in early 2021. Why. Therefore, by 2022, the crypto industry will prioritize the “green blockchain” strategy, and it is hoped that there will be bigger ways to make green work.

1. Carbon Neutral - Many people think this is just one way to solve a problem because it does not solve the problem at the root.

2. The transition to less energy consuming blockchain approval mechanisms - this is the start of the transition to blockchains that often use “proof of work” proposals for “proof of justice” approval mechanisms, as the second largest blockchain. marketing. means. Price Ethereum plans to move to proof of concept in 2022.

3. Tech hedge funds - Kathy Wood, CEO of Ark Invest, says increased demand for energy will encourage companies to invest more in renewables, and these funds could be used for other applications and blocks as well.

Prediction 2022 2: NFT expansion beyond online art

By 2021, the non-homogeneous token (NFT) can be considered the rising star in the blockchain realm. Beeple's “First 5,000 Days” and other works of art have created a buzz in the industry by selling astronomical numbers, and the public is enjoying the unique concept of the blockchain digital token. Additionally, NFT has a strong presence in the music industry, and music producers such as Kings of Leon, Shawn Mendes, and Grimes have released songs in the NFT format. There are also many examples of NFT applications outside of the theater, such as:

1. Distillers William Grant and Son, a brewing expert in the brewing industry, recently sold several bottles of Glenfiddich Whiskey NFT which have been in storage for 46 years. Track

2. NFTs are also starting to shine in the gaming industry. Pet breeding The Axie Infinity 'play for money' blockchain game allows gamers to 'clean' their NFT pets for themselves. to face. Over 300,000 players ("Fortnite" has approximately 3.5 million players).

3. In the fashion industry, Dolce & Gabbana and Nike have announced their own NFT clothing and footwear.

No doubt the idea of ​​a global meta-core led by Facebook, Microsoft and Nvidia in 2022 will bring many opportunities for new applications for NFTs.

Prediction 2022 3: More countries will start using Bitcoin and Central Bank currencies

By 2021, El Salvador had become one of the first countries to legalize Bitcoin, meaning that Bitcoin could be used to pay for goods and services throughout El Salvador, while Salvadoran businesses could also use Bitcoin. Pay staff salaries.

Many commentators believe that more countries will follow El Salvador in 2022.

BitMEX CEO Alexander Hoptner Predicted That At Least Five Developing Countries Will Start Accepting Bitcoin By Next Year Due To Rising Global Prices And Increased Middle Class Remittances .

We will also see another area of ​​growth for digital bank deposits in 2022. This differs from traditional decentralized tokens by creating tokens that the central bank can manage itself. These digital accounts work with inherent advantages, allowing users to be independent rather than depending on third-party service providers. Central banks can better control shipments and tie the value of tokens to the value of the national currency that has always been available. Now the UK government has said that unlike the digital currency Britcoin it will launch in 2022. Many countries may join the ranks soon, including Estonia.

Challenge 2022 4: Integration of blockchain and the Internet of Things

Indeed, the concepts of blockchain and the Internet of Things (IoT) are interdependent and necessary for the collection of interconnections and the exchange of data between systems. Given the automation, encryption, and immutability of blockchain ledgers and databases, blockchain technology can solve many security and scalability issues and can even be used for machine-to-machine transactions. When you need a machine or a network, you can make micropayments through cryptocurrency if you buy services from another machine or another network.

Of course, the integration of blockchain and the Internet of Things is a reality of higher level data use and there is still a long way to go before that. However, as early as 2022, we will see more blockchain pilot projects and early implementation in the IoT field. Moreover, with the continued support of 5G networks, the field of IoT blockchain will lead to further upgrades, and the integration of multiple smart grids will not only be faster, but also include new data interactions. Something like the blockchain industry.

Weather 2022 5: Using blockchain for manufacturing and research

From the current perspective, the most important thing for 2022 is to prevent the spread of new diseases around the world, which remains one of the important applications that many studies and technologies have been the biggest concern of this year.

It should be noted that blockchain technology can play an important role in the tracking and distribution of vaccines. In the past, there have been many instances of the production and sale of counterfeit vaccines, but with blockchain technology, the reality of transporting vaccines can become even greater to be reliable and the shipping process can be followed for make sure it arrives on site. In addition, it can guarantee the integrity of all connections of the equipment. For example, to ensure that vaccines are always stored at room temperature (this is a prerequisite for many vaccines).

Currently, IBM is using blockchain technology to develop vaccine surveys that traditionally document vaccine and device and platform performance for many hospitals and clinics. Hospitals involved in vaccine distribution can be effective. Surprisingly, there are also experimental studies showing that the blockchain can identify where products need to be picked up quickly, such as vaccines which have serious implications. The projection time varies from 3 days to just a few minutes.

This new virus has brought unprecedented problems to humans, but the supposed lack of explosion and skepticism about blockchain technology could make a big difference in 2022., playing a bigger role in development, the distribution and control of vaccines.

For the blockchain industry, we want you to tell us what the new model will look like in 2022.